Vishay shares rise 6% on Q1 EPS beat and $820M–$870M Q2 sales guidance
VSH•Vishay Intertechnology’s Q1 adjusted EPS of $0.30 topped analyst estimates by $0.04 while revenue rose 5% year-over-year to $780 million. Management guided Q2 sales of $820 million–$870 million, exceeding the $825 million consensus and sending shares up 6% in intraday trading.
1. Q1 Results
Vishay reported Q1 adjusted earnings of $0.30 per share, beating analyst forecasts by $0.04 and marking a year-over-year increase from $0.26. Revenue climbed 5% to $780 million, driven by strong demand in power and sensor segments.
2. Upbeat Q2 Guidance
The company projected Q2 sales between $820 million and $870 million, above the consensus estimate of $825 million. Management cited improving end-market conditions and order book growth as the basis for the raised outlook.
3. Market Reaction
Shares of Vishay jumped 6% in intraday trading following the results release. Investors responded positively to both the upside in Q1 metrics and the robust Q2 sales guidance.
